Nearly 67,000 Investors Lose Everything As Bitcoin Drops Below $24K.

0 42

Following weeks of occasionally encouraging, sometimes confusing economic indices; and company profits, investors are still in a wait-and-see mentality, as 66,918 traders were liquidate for the day; totalling $204.40 million in liquidations.

The greatest single liquidation order, worth $2.22 million in BTC-USDT-SWAP, was made on Okex.

At the time of writing, Bitcoin was trading slightly over $24,000, down nearly three percentage points over the previous 24 hours; but still, over the top of the $20,000 to $24,000 range, it has been in for more than a month. Following a few days of tracking gains, the majority of altcoins are currently trading in the black as well.

The pioneer crypto asset appeared to be off to a good start to the week when it reached $25K; late on Sunday (U.S. time) after several days of flirting with the psychologically significant threshold.

The cryptocurrency changed its trajectory and dropped by more than $1K within a few hours as the crypto-verse was finally cheering and expecting another run higher. Even while its market valuation is still above $450 billion, its dominance over the alternatives has decreased yet more and is now only at 40.1%.

Nairametrics.

Leave A Reply

Your email address will not be published.

%d bloggers like this: